Cedi weakness tied to monetary and fiscal signals says analyst Joe Jackson

Economist Joe Jackson said Ghana's Cedi weakness is not mainly about imports and exports. He explained that these are not the main causes. He believes the Cedi's instability comes from how Ghana manages its money supply and government spending. Jackson stated that looking only at trade is too simple. The way the country handles its economic signals causes ongoing Cedi volatility.

This suggests that changes to how the Bank of Ghana controls money and how the government spends its funds could improve the Cedi's strength. Focus on these areas could lead to a more stable currency. Without addressing these deeper issues, the Cedi may continue to face problems.